IllinoisSB3799104th General Assembly (2025–2026)Senate

INC TX-ENTITY BASE

Sponsored By: Celina Villanueva (Democratic)

In Committee

Summary

Amends the Illinois Income Tax Act. In provisions concerning the entity-level tax, provides that a partnership making an entity-level tax election may elect to determine its tax base using a full distributive share method or an Illinois-sourced income method. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Celina Villanueva

    Democratic • Senate

Cosponsors

  • Chris Balkema

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  2. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  4. Added as Co-Sponsor Sen. Chris Balkema

    5/1/2026Senate
  5. Senate Committee Amendment No. 1 Assignments Refers to Revenue

    4/28/2026Senate
  6. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  7. Senate Committee Amendment No. 1 Referred to Assignments

    4/23/2026Senate
  8. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Celina Villanueva

    4/23/2026Senate
  9. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  10. Assigned to Revenue

    2/24/2026Senate
  11. Referred to Assignments

    2/6/2026Senate
  12. First Reading

    2/6/2026Senate
  13. Filed with Secretary by Sen. Celina Villanueva

    2/6/2026Senate

Bill Text

  • Introduced

  • Senate Amendment 1

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